The IRS Discontinues 941 Worksheets 2 & 4 for the First Quarter

Find out which 941 Worksheets are available for 2022 Q1.

There have been so many updates to Form 941 and its worksheets over the past two years that it can be difficult to keep up with them from quarter to quarter.

Now that many of the government programs that were designed to help businesses are beginning to expire, there are a few more notable changes to Form 941 for the first quarter of 2022.

This includes some updates to the available worksheets that employers may need to file.

What are the Updates to Q1 Form 941?

While not major, there are some updates to Form 941 that employers and tax professionals should take note of. Now that the employee retention credit is no longer available and employers can not claim advance credits for their employees’ sick and family leave wages, certain lines are not needed. Form 7200 is not needed either going forward.

This includes the following updated lines:

Line 11c: Reserved for Future Use
Line 13d: Reserved for Future Use
Line 13h: Reserved for Future Use
Line 13i: Reserved for Future Use
Line 18: Indicate that you are a seasonal employer that doesn’t have to file a return for every quarter of the year
- Employers no longer have the option to indicate that they are a recovery startup business on Line 18b
Line 21: Reserved for Future Use
Line 22: Reserved for Future Use

Employers are no longer able to defer their share of social security taxes or their employees; share.

Additionally, the social security wage base limit has been raised to $147,000.

What are the Updates to the Q1 941 Worksheets?

Now that these programs introduced under the CARES Act and American Rescue Plan Act are beginning to expire, this also means that the 941 worksheets will be affected.

For the first quarter, Worksheets 2 and 4 have been eliminated.

For the first quarter, there are only three necessary worksheets, these include:

Worksheet 1. Credit for Qualified Sick and Family Leave Wages Paid in 2022 for Leave Taken After March 31, 2020, and Before April 1, 2021
Worksheet 2. Credit for Qualified Sick and Family Leave Wages Paid in 2022 for Leave Taken After March 31, 2021, and Before October 1, 2021
Worksheet 3. COBRA Premium Assistance Credit

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